Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Portugal | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020

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TOTAL. ALL COMMODITIESPortugalWorldExportsValue (US$)44,249,979,857.0049,414,051,268.0059,588,301,885.0058,140,499,722.0062,794,139,450.0063,834,385,666.0055,045,025,717.8055,371,549,249.5762,116,840,516.2774,135,905,807.8667,064,074,174.9461,400,262,160.66
Value Growth, YoY (%)-22.7011.6720.58-2.428.001.65-13.760.5912.1819.34-9.53-8.44
ImportsValue (US$)71,810,896,681.0077,682,426,213.0082,923,617,602.0072,506,492,414.0075,713,900,496.0078,395,890,972.0066,909,182,383.9767,952,834,136.5678,746,119,203.7495,629,298,715.0589,541,379,731.2277,834,419,563.82
Value Growth, YoY (%)-24.058.176.74-12.564.423.54-14.651.5515.8821.44-6.36-13.07

The value of merchandise exports from Portugal totalled $ 61 billion in 2020. Overall commodity exports from Portugal decreased by 8.44% compared to 2019. Merchandise exports decreased by $ 5.66 billion (the value of merchandise exports from Portugal amounted to $67 billion in 2019)

Portugal's exports 2020 by country

Top export destinations of commodities from Portugal in 2020:

  • Spain with a share of 25% (15.5 billion US$)
  • France with a share of 13.5% (8.33 billion US$)
  • Germany with a share of 11.8% (7.28 billion US$)
  • United Kingdom with a share of 5.69% (3.49 billion US$)
  • USA with a share of 4.96% (3.05 billion US$)
  • Italy with a share of 4.38% (2.69 billion US$)
  • Netherlands with a share of 3.72% (2.28 billion US$)
  • Belgium with a share of 2.29% (1.4 billion US$)
  • Angola with a share of 1.61% (994 million US$)
  • Poland with a share of 1.36% (838 million US$)

Exports structure from Portugal in 2020 represented by the following main commodity groups:

  • 13.9% (8.56 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 8.12% (4.99 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 6.55% (4.02 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.11% (3.14 billion US$): 39 - Plastics and articles thereof
  • 4.6% (2.82 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 3.42% (2.1 billion US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 3.19% (1.96 billion US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 3.12% (1.92 billion US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard
  • 2.93% (1.8 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 2.86% (1.75 billion US$): 64 - Footwear, gaiters and the like; parts of such articles

What did Portugal export in 2020?

Portugal's Top Exports in 2020:

  • 5.82% ($3.57 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 5.27% ($3.23 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 3.85% ($2.36 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.41% ($1.48 billion): 6403 - Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather
  • 1.85% ($1.13 billion): 9029 - Revolution counters, production counters, taximeters, mileometers, pedometers and the like; speed indicators and tachometers, other than those of heading 90.14 or 90.15; stroboscopes
  • 1.75% ($1.07 billion): 4802 - Uncoated paper and paperboard, used for writing, printing or other graphics, non perforated punch-cards and punch tape paper, in rolls or rectangular sheets, of any size, other than paper of heading 4801 or 4803; hand-made paper and paperboard
  • 1.71% ($1.05 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 1.59% ($977 million): 2204 - Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
  • 1.57% ($966 million): 8704 - Motor vehicles for the transport of goods
  • 1.55% ($954 million): 4011 - New pneumatic tyres, of rubber

The value of merchandise imports to Portugal totalled $ 77 billion in 2020. Overall commodity imports to Portugal decreased by 13% compared to 2019. Merchandise imports decreased by $ 11.7 billion (the value of merchandise imports to Portugal was equal to $89 billion in 2019)

Portugal's imports 2020 by country

Top trading partners (import sources) of Portugal in 2020:

  • Spain with a share of 32% (25 billion US$)
  • Germany with a share of 13.3% (10.3 billion US$)
  • France with a share of 7.46% (5.8 billion US$)
  • Netherlands with a share of 5.52% (4.3 billion US$)
  • Italy with a share of 5.21% (4.05 billion US$)
  • China with a share of 4.5% (3.5 billion US$)
  • Belgium with a share of 2.87% (2.23 billion US$)
  • United Kingdom with a share of 2.83% (2.2 billion US$)
  • Brazil with a share of 2.35% (1.82 billion US$)
  • USA with a share of 1.81% (1.41 billion US$)

Imports structure to Portugal in 2020 represented by the following main commodity groups:

  • 10.7% (8.38 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 9.89% (7.69 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 9.49% (7.38 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 8.64% (6.72 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 4.82% (3.75 billion US$): 39 - Plastics and articles thereof
  • 4.16% (3.23 billion US$): 30 - Pharmaceutical products
  • 3.07% (2.39 billion US$): 72 - Iron and steel
  • 2.43% (1.89 billion US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 2.37% (1.84 billion US$): 38 - Miscellaneous chemical products
  • 2.29% (1.78 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof

What did Portugal import in 2020?

Portugal's Top Imports in 2020:

  • 4.96% ($3.86 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 4.95% ($3.85 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 3.65% ($2.84 billion): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 3.09% ($2.4 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 1.86% ($1.45 billion): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 1.53% ($1.19 billion): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.38% ($1.07 billion): 8542 - Electronic integrated circuits and microassemblies
  • 1.3% ($1.01 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 1.16% ($906 million): 3815 - Reaction initiators, reaction accelerators and catalytic preparations, not elsewhere specified or included
  • 1.16% ($905 million): 8471 - Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included

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Portugal | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020